The Global Payment Services has officially joined the Bahrain Association of Banks (BAB), in a step that underscores the increasing need for closer collaboration between payment services providers and the banking sector, as the financial industry continues to evolve at pace.
The Bahrain Association of Banks (BAB) has signed an agreement with the Kuwait Banking Association that provides a general framework to facilitate dialogue, information exchange and engagement between the two associations on matters of shared interest to their respective members.
Bahrain’s banking sector continues to operate efficiently, maintaining uninterrupted services to its customers, thus demonstrating resilience and stability amid the ongoing Middle East conflict, supported by strong fundamentals and a robust regulatory framework, said the kingdom's top financial body.
Financial institutions in Bahrain continue to demonstrate a high level of readiness and adaptability amid recent regional developments with the financial sector remaining fully operational, maintaining its essential role in serving customers and supporting economic activity.
The Bahrain Association of Banks (BAB) and BENEFIT, the leading fintech and electronic financial transactions service provider in the kingdom, held a strategic meeting to review the company’s corporate strategy for 2025–2027, in a move aimed at accelerating digital transformation across Bahrain’s financial sector.
The Bahrain Association of Banks (BAB) has announced the approval of 12 new committees covering a broad range of core functional domains within banking work. It marks a key milestone in BAB’s efforts to strengthen the country's banking and financial ecosystem.
Bahrain Bourse (BHB), a licenced exchange by the Central Bank of Bahrain, has announced that it has joined the Bahrain Association of Banks (BAB), reinforcing collaboration with the financial markets and supporting the continued development of Bahrain’s capital markets through structured dialogue and stakeholder engagement.
The Bahrain Association of Banks (BAB) has announced that it has become a member of the Islamic Banking Committee, recently established by the Union of Arab Banks, marking another step toward deeper institutional collaboration across the Islamic banking sector.